2000/537/EC: Commission Decision of 14 March 2000 on State aid granted by Germany to Elpro AG and its successor companies (notified under document number C(2000) 808) (Text with EEA relevance) (Only the German text is authentic)

• Articles: 5

Article 1

The State aid which Germany has granted to Elpro AG Berlin (Elpro) amounting to DEM 72,8 million is compatible with the common market within the meaning of Article 87(3)(c) of the Treaty.

Article 2

The State aid which Germany has granted to Elpro GmbH Berlin - Industrieholding (EUB) and Elpro Verkehrstechnik GmbH (EVT) amounting to DEM 11,6 million is compatible with the common market within the meaning of Article 87(3)(c) of the Treaty.

Article 3

The State aid which Germany has granted to GE Industrial Systems GmbH Berlin amounting to DEM 4,8 million is compatible with the common market within the meaning of Article 87(3)(c) of the Treaty.

Article 4

Germany shall submit to the Commission twice-yearly reports on the progress in restructuring EUB and GE IS and on the use of the restructuring aid by Elpro AG, EUB and GE IS in 1999 and 2000.

Article 5

This Decision is addressed to Germany.

Done at Brussels, 14 March 2000.

For the Commission

Mario Monti

Member of the Commission

(1) OJ C 99, 1.4.1998, p. 9, and OJ C 84, 26.3.1999, p. 9.

(2) See footnote 1.

(3) See footnote 1.

(4) Business secret.

(5) Notification from the German Government to the Commission of 27 February 1998, p. 33.

(6) Leit- und Energietechnik.

(7) Gebäudesystem- und Versorgungstechnik (communications, air-conditioning systems, lighting).

(8) See footnote 1.

(9) Including Siemens, ABB and General Electric.

(10) Some winding-up and closure measures will continue until 2001.

(11) OJ C 368, 23.12.1994, p.12, read in conjunction with the final provisions of the new guidelines (OJ C 288, 9.10.1999, point 101(b)). The criteria for applying this provision are met since all the aid was granted prior to the publication of the new guidelines.

(12) Corporate Treuhand GmbH and C& L Deutsche Revision AG, Bericht über die Prüfung des Jahresabschlusses 1996 der Elpro AG Berlin, point 92.

(13) See recital 9.

(14) Corporate Treuhand GmbH, Bericht über die Prüfung des Jahresabschlusses 1992 der Elpro AG Berlin, points 266-275 and 337.

(15) See footnote 10.

(16) Konzept zur weiteren Entwicklung der Elpro AG, 24 June 1996.

(17) See recitals 11 to 13.

(18) See Commission Notice on the application of Articles 87 and 88 of the EC Treaty to state aid in the form of guarantees (OJ C 71, 11.3.2000, p. 14, point 3.2).

(19) See recitals 12, 17 and 28.

(20) Calculation: 80 % of a credit line of DEM 8 million = DEM 6,4 million, assuming a 10 % risk on the residual guaranteed amount of DEM 15,6 million, and this gives a total of DEM 7,96 million.

(21) Calculation: DEM 1 million working capital provided by the investor, DEM 4,9 million private share of the investments and DEM 2,9 million private share of training costs.

(22) See recitals 25 to 27, which contain details of the plan.

(23) OJ C 343, 11.11.1998, p. 10, points 32 and 33.